August 21 2010
KippsDeSanto & Co. Advises IT Consulting Firm, Asynchrony Solutions, Inc. on its Sale to Schafer Corporation
KippsDeSanto & Co. is pleased to send you the attached press release announcing the acquisition of our client, Asynchrony Solutions, Inc. (“Asynchrony”), by Schafer Corporation (“Schafer”). Schafer acquired Asynchrony to broaden its agile software development capabilities, as well as add additional depth and breadth in highly sought after federal government and commercial customers. The transaction closed on August 9, 2010.
Headquartered in St. Louis, MO, Asynchrony is a leading provider of systems integration, custom application development, and secure collaboration solutions to U.S. government agencies, particularly the Department of Defense and U.S. Transportation Command, and commercial customers, such as Kaiser Permanente. The Company’s deep engineering and technology expertise drives its ability to provide future-focused architecture solutions to improve the performance and efficiency of its customers.
We believe this transaction represents a number of key trends in government technology M&A:
• Interest in acquiring targets that have a strong focus and considerable depth within a specific target capability area and customer domain.
• There is a growing demand for solutions on the high-end of the IT spectrum. Companies providing innovative technology solutions, particularly with exposure to national security initiatives, continue to generate strong interest among acquirers.
• Financial sponsor activity in the government technology space has continued at a robust pace, with ten financial sponsor-backed acquisitions announced thus far in 2010.
KippsDeSanto & Co. is an investment bank focused on delivering exceptional M&A and financing transaction results for leading technology and defense companies. For more information on KippsDeSanto & Co., please visit www.kippsdesanto.com.
We welcome the opportunity to discuss how KippsDeSanto & Co. can help you achieve your strategic objectives. For more information on this particular transaction, please contact one of our senior professionals.
LEAD INVESTMENT BANKERS
KippsDeSanto & Co. is pleased to send you the attached press release announcing the acquisition of our client, Asynchrony Solutions, Inc. (“Asynchrony”), by Schafer Corporation (“Schafer”). Schafer acquired Asynchrony to broaden its agile software development capabilities, as well as add additional depth and breadth in highly sought after federal government and commercial customers. The transaction closed on August 9, 2010.
Headquartered in St. Louis, MO, Asynchrony is a leading provider of systems integration, custom application development, and secure collaboration solutions to U.S. government agencies, particularly the Department of Defense and U.S. Transportation Command, and commercial customers, such as Kaiser Permanente. The Company’s deep engineering and technology expertise drives its ability to provide future-focused architecture solutions to improve the performance and efficiency of its customers.
We believe this transaction represents a number of key trends in government technology M&A:
• Interest in acquiring targets that have a strong focus and considerable depth within a specific target capability area and customer domain.
• There is a growing demand for solutions on the high-end of the IT spectrum. Companies providing innovative technology solutions, particularly with exposure to national security initiatives, continue to generate strong interest among acquirers.
• Financial sponsor activity in the government technology space has continued at a robust pace, with ten financial sponsor-backed acquisitions announced thus far in 2010.
KippsDeSanto & Co. is an investment bank focused on delivering exceptional M&A and financing transaction results for leading technology and defense companies. For more information on KippsDeSanto & Co., please visit www.kippsdesanto.com.
We welcome the opportunity to discuss how KippsDeSanto & Co. can help you achieve your strategic objectives. For more information on this particular transaction, please contact one of our senior professionals.
LEAD INVESTMENT BANKERS